[anupam384]

isatrader, what are your thoughts about the industry. I read and was told that the industry is out of gas for a while. I bought at the wrong time (may be around the same time as you) and sold for a loss. I take full responsibility for my decision.

I think the fact that you sold out for a loss already says to me that you weren't approaching it as an investor position, as it hasn't been anywhere near the investor stop loss under the Stage 1 range. So it sounds like you are trading it, and not investing in it, and hence you shouldn't be playing Stage 1 stocks really, as the majority of trader positions should be stocks that are already in Stage 2 on pullbacks like your IDRA pick, or on continuation moves like CCIH, which I highlighted before Thursdays open on the trader thread http://stageanalysis.net/forum/showthrea...14#pid1814

You are right. I should not have bought it since it was not the right entry. I was in two minds and was influencde by a Seeking alpha article that came out back then. Live and Learn I guess.

Having said all that I have n't asked if you are in the Pharma business or some related field? In which case I'm all ears

I wish I was in Pharma business.I am not even close. I was talking from a fundamental point of view. But I sincerely believe if this stock goes up the way I think would, even Stan's exit strategy won't come into play. Lets hope for the best.

Anyway I got two more stocks on my watchlist. RNN and GNK.

I like RNN better since GNK is in a pullback on high volume (Not sure what the reason is).
GLTA